the latest US PCE deflator has been postponed, and the market direction remains uncertain and calm.
unless there are any surprises, it is likely to head upwards for the time being. imo🦊 $BTC
🚨BUFFETT JUST GAVE A SERIOUS WARNING:
HE SAID GOVERNMENTS ALWAYS DESTROY THEIR OWN MONEY AND US POLICY SCARES HIM!
🇯🇵 NOW BERKSHIRE IS MOVING $348B INTO JAPANESE YEN.
THE MAN WHO NEVER PANICS IS PREPARING FOR A DOLLAR FALL...
the lender of last resort in the global economy is taking actions to raise interest rates and the impact this will have on current asset prices cannot be ignored.
Just as there has been a proliferation of smart contract blockchains for many years, there has recently been a surge in US dollar stablecoins.
with touching DeFi in the crypto, I can't feel the dedollarization trend at all💰
Aggressive buying is starting to fade, and the crypto market is starting to feel like the winter.
But DeFi keep building, giving us a variety of tools. and some of them also give us to prepare for it. RWAs, Perp DEXs, and AMMs.
Even though there are some risks, it seems like more fun than before.
Ethereum's Fusaka upgrade was lived without any particular issues, and the market appears to be pleased with it. $ETH
keep growing into a more scalable, lower-cost smart contract blockchain. Its stronghold is currently unrivaled.